Freehold Retail Investment
Freehold Retail Investment
The property is situated in a prominent corner position in the town centre on the north side of Rayne Road at its junction with Panfield Lane. Nearby occupiers include Barclays Bank, Argos, Iceland and New Look.
Freehold.
The property is situated in a prominent corner position in the town centre on the north side of Rayne Road at its junction with Panfield Lane. Nearby occupiers include Barclays Bank, Argos, Iceland and New Look.
Freehold.
The property comprises ground floor retail and ancillary accommodation and ancillary accommodation in the basement and on the first floor. The property benefits from a recent refurbishment programme undertaken by the tenant. The tenant also occupies the adjoining property at 1 Panfield Lane and has created an internal access between the two properties.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises ground floor retail and ancillary accommodation and ancillary accommodation in the basement and on the first floor. The property benefits from a recent refurbishment programme undertaken by the tenant. The tenant also occupies the adjoining property at 1 Panfield Lane and has created an internal access between the two properties.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Basement Ground First |
Ancillary Retail/Ancillary Office/Ancillary |
38.71 sq m 129.33 sq m 51.77 sq m |
(417 sq ft) (1,392 sq ft) (557 sq ft) |
SUE RYDER (1) | 2013 until 31st August 2023 on a full repairing and insuring lease | £29,500 |
31st August 2018 |
| Totals | 219.81 sq m |
(2,366 sq ft) |
£29,500 | ||||
Sue Ryder is a registered charity providing health and social care services in local communities. Sue Ryder has more than 9,000 volunteers and is supported through fundraising and retail activities via 350+ outlets nationwide. (Source: www.sueryder.org)
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